Environmental, Social and Governance (ESG) are the three factors that measure a company’s sustainability, ethics, and social impact.
Your charity maybe recognising the growing importance of assessing the Environmental, Social and Governance (ESG) impact. Beyond their primary objectives, charities have a broader influence on the environment and society. It’s time to adopt practices that leave a positive and lasting mark on the world.
This guide, sourced from Charity Digital, reviews the essential steps for charities to effectively gauge their ESG Impact:
1. Develop an ESG Strategy:
- Start by creating a clear ESG strategy with measurable and achievable goals. Charity Digital have written an article with some fantastic advice and tips on where to start with a strategy.
2. Choose Your Focus:
- While all ESG areas are vital, consider focusing on a specific aspect, like the environment.
3. Measure with Digital Tools:
- Charity Governance Code: – Follow the Charity Governance Code online to enhance your charity’s governance.
- Sage Earth: – Sage Earth offers carbon accounting software to measure carbon emissions, including supply chain analysis.
- Carbon Footprint Calculator: – Utilise carbon footprint calculators like the one by the Carbon Trust, which requires at least 12 months of data.
- Surveys and User Research: – Use digital survey tools (e.g., SurveyMonkey) to gather feedback from staff, volunteers, beneficiaries, and stakeholders to measure social impact and governance.
By utilising digital tools you can drastically help to produce reports to easily feedback and engage everyone in your team as well as outline clear objectives so everyone is on board to making a positive difference. The key is to make the goals manageable, report in routine meetings on how changes are making an impact and discuss actions together to make substantial progress in enhancing your ESG impact.
28 September 2023, 1 – 2pm. Online.
Charity Digital are hosting a webinar to cover the topic: How to measure and report charitable impact.
York Environment Week is happening this week from Saturday 23 September – Sunday 1 October and is your chance to connect with the environment and like-minded individuals. Featuring over 60 events and activities, there’s a diverse range of opportunities for everyone to participate in. Best of all, all events are free to attend. Join in and be part of this enriching experience as we celebrate and explore sustainability together.